Georgia Insurance Agent Arrested for Allegedly Pocketing Client Premiums

August 6, 2008

Georgia Insurance Commissioner John W. Oxendine said authorities arrested a Powder Springs insurance agent for allegedly pocketing his clients’ premiums instead of paying insurance companies for coverage.

Ellery Butler, 49, is charged with three counts of insurance fraud,
Oxendine said.

Butler worked for Eternity Insurance Agency in Powder Springs, at the time the alleged fraud occurred.

The state’s fraud unit investigation uncovered misappropriated funds totaling $7,005 on policies including workers compensation, liability, commercial auto, and inland marine, according to Oxendine.

“We want to hear from anyone who’s had business dealings with this individual,” Oxendine said. “You can call our Consumer Services Division at 404-656-2070, or tollfree at 800-656-2298, to find out if your coverage is valid.”

Source: Georgia Insurance Commission

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